Mathematics, 28.04.2021 19:20 emmer321s
After watching the local news story on a lady winning $100,000 from the lottery, Timothy and 19 of his co-workers have “lottery fever”. Timothy knows that they do not have a lot of money to waste on tickets. After doing some research, Timothy finds out that the local “7 Eleven” is selling lottery tickets for$2 each. The local Speedway is also selling lottery tickets for $4 each (per ticket). Many reviews have said that Speedway’s tickets have better chance of profit.
Part a) Determine how much money the group of coworkers would need if each one of them buys 1 ticket from “7 Eleven".
Part b) Determine how much money the group of coworkers would need if each one of them buys 1 ticket from “Speedway".
Part C) Choose and justify why Timothy and his coworkers should go to either the 7 Eleven or Speedway.
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After watching the local news story on a lady winning $100,000 from the lottery, Timothy and 19 of h...
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